There is a strong correlation between a healthy lifestyle and your finances. A National Bureau of Economic Research Study found that the people who were among the healthiest 20% in their fifties, retired with three times the assets of the least healthy. They also spent down their assets more slowly due to lower health costs. (more…)
Everyone is aware of the need to financially prepare for retirement but not much attention is directed toward planning for the impact of the emotional transition to retirement. When people think of retirement they envision new found freedom and a never ending vacation full of travel and recreation. (more…)